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Lehigh University - Off Campus Student Housing

216 218 East 5th, Bethlehem, PA 18015

$818,000
$890,000

DETAILS
2,816SF

Living

1900

Built

3,860SF

Lot

2,816 SF

Total Area

5245.83/per year

Taxes

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Jennifer de Jesus
This Lehigh University Student Housing duplex sale consists two addresses: 216 & 218 E.
5th St Bethlehem.

10 Beds- 2 Full Baths. (5 beds/1 bath on each side). This property is leased for the 2020-2021 school year and they are currently renting for the 2021-2022 school year. Gross rent of $93,600 for 2020-2021 school year. Clear CO's will be provided for each property at sale. More student housing properties and packages available- please call
for details. These two addresses are additionally listed as part of a larger package, MLS #634234.


Gross Inc: $93,600
Net Inc: $86,123
Operate Exp: $7,477 (taxes, insurance, trash)

216 E 5th St | $3,900/mo | Occupied | Dishwasher, Oven/Range, Washer/Dryer, Refrigerator
218 E 5th St | $3,900/mo | Occupied | Dishwasher, Oven/Range, Washer/Dryer, Refrigerator

Great location, close proximity to Lehigh University

- Jennifer de Jesus

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The neighborhood: Bethlehem

Vibrant historic city with a packed calendar of year-round events.